While Canada’s foreign affairs minister said on Wednesday that it would stick to the existing sanctions waiver that would allow it to return Nord Stream 1 gas turbines to Russia, Gazprom has stated that there are no Nord Stream 1 gas turbines currently undergoing maintenance in Canada. Canada’s foreign affairs minister Melanie Joly said that the current waiver allowed them…
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BP continues to work “with local and state agencies as we continue to monitor the impact” of the electrical fire, which saw no one injured. BP said it was “continuing to assess when a restart of the affected units can take place,” but did not elaborate on how much finished product had been affected. It also provided no date for…
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After months of increased Russian crude oil and petroleum product volumes heading to Asian customers, mainly China and India, Russian oil is now facing stiff competition. The first signs of a potential reversal of Moscow’s luck in Asia are showing as media reports that Russian crude oil volumes to India have fallen for the first time since March (the start…
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The German state of Mecklenburg-Vorpommern has earmarked €10 million to support the deployment of solar modules with a power of up to 600 W on balconies, terraces, and facades. Under the program, each household is entitled to receive a rebate of up to €500 ($496). The small systems with an output of up to 600 W that we want to…
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Federal Energy Minister, Engineer Khurrum Dastgir Khan visited the power generation company at the site of block one of Thar coal project.The Federal Minister reviewed the work on the boiler of the under-construction coal-based power plant.Later on, the Sino Sindh Resource (Private) Limited and Chairman of the generation company of the block one power plant briefed the Federal Minister about…
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Oil prices rose on Wednesday in volatile trading on concerns that the US will not consider additional concessions to Iran in its response to a draft agreement that would restore Tehran’s nuclear deal, and potentially the OPEC member’s crude exports. Iran said it had received a response from the US to the EU’s “final” text for revival of Tehran’s 2015…
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Federal Resources Minister Madeleine King yesterday handed Australia’s fossil fuel industry two significant wins. The minister announced oil and gas exploration will be allowed at ten new Australian ocean sites – comprising almost 47,000 square kilometres. And she approved two new offshore greenhouse gas storage areas off Western Australia and the Northern Territory, to explore the potential of “carbon capture…
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In the wake of daily protests by the general public and traders against inflated electricity bills, a local lawyer on Wednesday moved the Supreme Court seeking a direction to the federal government to either withdraw completely or at least reduce to some extent the Fuel Price Adjustment (FPA) charges and other surcharges from the utility bills. Meanwhile, the Lahore High…
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Pakistan Army officers and all members of the federal cabinet announced to donate one month’s salary to the flood relief fund. A statement issued by the military’s media wing said on Thursday that “All General Officers of the Pakistan Army (all Brigadiers, Major Generals, Lieutenant Generals, and Generals) have donated one month’s pay to go towards relief and humanitarian aid/ration…
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Coal is the most widely used cheap electricity producing source, which is currently generating 36% of world’s electricity, stated Wang Zihai, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) during a think tank session held at PCJCCI secretariat on Tuesday. He added that Pakistan has large reserves of coal specially lignite coal which China has imported for $8bn…
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